4805 Foley Dr, Nashville, TN 37211, Nashville, 37211 - 0 bed, 0 bath
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4805 Foley Dr
Nashville, TN 37211
ACTIVE
CONDITION: GOOD
0Beds
0Baths
1,706Sq Ft
0Lot Size
Property Price
LIST PRICE$429,000
EST. MARKET VALUE
$390,365
9% AboveMARKET VALUE
SUMMARY
This turnkey duplex represents a Strong Value Opportunity, listed at $449,000—positioned well below the $420,649 Fair Market Value by -6%. While the list price reflects a premium over the current estimation, the property’s Condition Rating of 3 and 2019 major renovations—including roof, HVAC, and plumbing—ensure immediate operational stability. With rents currently below market, this asset offers significant upside for Buy-and-Hold Investors or Owner-Occupants seeking to offset housing costs through a proven income-generating strategy in a high-demand South Nashville location.
Estimated Market Value
$390,365
Based on Realkey algorithm analyzing recent comparable sales in Nashville.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4805 Foley Dr Subject 0 bd · 0 ba · 1,706 sqft · $229 | $429,000* List Price | 0 | 0 | 1,706 | $229 | - |
A 340 Foxglove Dr Sold 0 bd · 0 ba · 2,139 sqft · $199 · 0.5 mi | $425,000 | 0 | 0 | 2,139 | $199 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The property was built in 1972 but underwent major renovations in 2019 (7 years prior to the 2026 listing date), including updates to the roof, HVAC, plumbing, flooring, and paint. Images show well-maintained hardwood floors, clean interior walls, and a tidy exterior, making it fully functional and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Recent Capital Improvements
Major renovations in 2019 including the roof, HVAC, and plumbing, combined with recent water line updates, significantly reduce immediate capital expenditure requirements.
- Income Growth Potential
Current leases are below market rates, providing an immediate opportunity for an investor to increase rental income and improve the property's capitalization rate.
- Strategic Location
The property's proximity to the Nashville Zoo, Nolensville Pike, and I-24 ensures high tenant demand and convenient access to major employment hubs.
CONSRISKS & DEFICIENCIES
- School District Ratings
The assigned public schools have lower performance ratings (ranging from 3 to 4), which may deter long-term family tenants and impact future appreciation.
- Property Age
Built in 1972, the structure may require more frequent maintenance of original components despite the significant mechanical and cosmetic updates performed recently.
About 4805 Foley Dr
Turnkey duplex with immediate rental income and excellent upside potential in South Nashville. Each unit features 2 bedrooms, 1 bath and its own laundry hookups, with both units currently leased at rents believed to be below current market levels. Major renovations and improvements were completed in 2019, including roof, plumbing, fencing, HVAC, water heater, flooring and paint. Additional improvements have been made since, including plumbing work in the crawl space, a new water line from the meter, replacement water heater and newer HVAC on one side. Situated on nearly a quarter-acre lot with convenient access to the Nashville Zoo, Nolensville Pike and I-24. An attractive opportunity for an investor seeking existing cash flow with the potential to increase rental income over time, or an owner-occupant looking to offset housing costs with income from the second unit.
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 1972
- Lot Size
- -
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Nashville Unified Schools
Haywood Elementary School
Grades PK-4 • 0.6 mi
4/10
Mcmurray Middle School
Grades 5-8 • 1.5 mi
4/10
John Overton Comp High School
Grades 9-12 • 2.9 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,706 | 1,967.444 |
| Lot Size | - | - |
| Price | $429.0K | $455.6K |
| Price per sq ft | $251 | $238 |
| Built year | 1972 | 1964 |
| HOA | $0 | $0 |
| Days on market | 39 | 82 |
Pricing History
Listed for Sale
Oct 20, 2026
$429,000
$449,000
-4% Price Drop
Initial Listing
Price Change
Sep 15, 2026
$449,000
Initial Listing